OMV Petrom Group posted losses of 41 mln. lei in Q3
OMV Petrom Group posted a loss of 41 million lei in the third quarter of the year (Q3), compared to…
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Processing
Transgaz has completed the modernization of the Siliștea compression station
Siliștea station is one of the main three natural gas compression stations (along with Șinca and Onești), located on the…
Kremlin criticizes US sanctions against Nord Stream 2
Kremlin spokesman Dmitry Peskov said on Wednesday that US sanctions on Russia’s North Stream 2 pipeline project were unfriendly and…
MOL opens new bitumen rubber unit in Zalaegerszeg
The bitumen rubber plant on the Zala platform in Hungary, representing an investment of approximately USD 10 million, has been…
Poland imposes a record fine of more than $7.6 bln. to Gazprom because of Nord Stream 2
The Polish Competition Authority (UOKiK) announced on Wednesday that it had fined Russian group Gazprom by 29 billion zlotys ($7.61…
Yedil Utekov is the new Chairman of the Board of Rompetrol Rafinare
Bogdan Tudorache Rompetrol Rafinare has announced the appointment of Yedil Utekov as Chairman of the Board, following the resignation of…
Vlăsceanu: Expanding the gas network will lead to an increase in consumers’ tariffs
The authorities’ intention to expand the country’s gas network ignores the principle of economic efficiency and consumers will be the…
Austrian officials: Poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of Nord Stream 2 gas pipeline
The poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of the Nord Stream 2 gas pipeline,…
Ukrainian operator GTSO wants to sign new interconnection agreements with Transgaz
The operator of the Ukrainian gas transmission system, GTSO, intends, for the second half of this year, to sign interconnection…
Costel Alexe: The expansion of natural gas networks reduces the pressure on Romania’s forests
The Minister of Environment, Waters and Forests, Costel Alexe, said that the extension of the natural gas network in Romania…
Stab, Engie: The project of the authorities to expand the gas network may pose risks
The project of the gas network extension authorities is similar to the local legend of Master Manole and we must…
Havrileţ: Transgaz can provide Azerbaijan with infrastructure for efficient delivery of gas to Europe
Transgaz can provide Azerbaijan with the infrastructure needed to safely and efficiently deliver Azerbaijani natural gas to the European market,…
German politicians call to halt Nord Stream 2 following Navalny poisoning
German politicians and long-time critics of the contentious natural gas project Nord Stream 2 have called on Europe to halt…
Petrotel Lukoil refinery, fined 100,000 lei for hydrogen sulfide pollution
The Petrotel Lukoil SA refinery was fined by 100,000 lei, after the authorities found significant exceedances in terms of hydrogen…
Platts: Ungheni-Chisinau gas pipeline will not be an alternative to Russian gas
According to an analysis by S&P Global Platts, the new Ungheni-Chisinau gas pipeline will strengthen the negotiating position of the…
EBRD acquires 25% of Vestmoldtransgaz, Ungheni-Chisinau gas pipeline operator
The European Bank for Reconstruction and Development (EBRD) has acquired a 25% stake in gas transmission company Vestmoldtransgaz, which operates…
Transgaz posted an 18% increase in net profit in the first half of the year
Transgaz, the national gas carrier, registered in the first half of this year a net profit of 231 million lei,…
Rompetrol Rafinare, new type of product for the production of protective medical masks
Rompetrol Rafinare through its petrochemical division – the only polymer producer in Romania has successfully developed a new product in…
Transgaz shareholders will approve the EBRD-Vestmoldtransgaz transaction
Transgaz (TGN) shareholders were summoned on October 5 to approve the EBRD’s entry into the Vestmoldtransgaz shareholding, according to a…
Transgaz has completed works at Bibeşti natural gas compression station
Transgaz has completed the works at the third and last natural gas compression station within the BRUA project – Phase…
EU Delegation opposes US sanctions on Russian gas pipe Nord Stream 2
An EU delegation in Washington has officially opposed the US threat of additional sanctions against the Nord Stream 2 pipeline…
Conpet launched its first electric locomotive into operation
The first electric locomotive of the Conpet Ploieşti company was recently launched into operation at the Ramp Bărbăteşti in Gorj…
Calik Enerji of Turkey, general contractor for the construction of the Petromidia new cogeneration plant
Today, the Kazakh-Romanian Energy Investment Fund (FIEKR) signed with Calik Enerji (Turkey) the EPC (Engineering, Procurement and Construction) contract for…